Rents in Abu Dhabi could extend a three-year downturn and continue falling although the market remains undersupplied because of the delay in the execution of some projects and relatively high demand, according to a government study.
Higher supply and lower rents in Dubai will be among the key factors that will further depress rents in the capital that has seen a steady decline in the property market along with other emirates and Gulf countries since the 2008 global fiscal distress...............................................Full Article: Source